REVEALED: Latest business liquidations in Wyndham – Herald Sun
REVEALED: Latest business liquidations in Wyndham Herald Sun Read the original article here
David Sharaz declared bankrupt in federal court hearing prompted by Linda Reynolds – MSN
David Sharaz declared bankrupt in federal court hearing prompted by Linda Reynolds MSN Read the original article here
Major UK supermarket on brink of administration with 300 stores at risk
Southern Co-op says three years of financial losses means it is on the brink of administration – as many as 300 stores across the UK could be at risk 15:26, 24 Apr 2026Updated 16:34, 24 Apr 2026 The supermarket said it faces going into administration (stock)(Image: Getty Images) A leading UK supermarket has warned it…
Southern Co-op warns of insolvency without merger with Co-op Group
Janet Paraskeva and Ben Stimson wrote the letter to clarify the society’s position after “a lot of speculation about the proposed merger” surfaced online. The statement reads: “Southern Co-op has made losses for the past three years. Over the last year, trading has become more difficult, and we have relied on ongoing support from our banks…
16 people declared bankrupt every day
16 people declared bankrupt every day | New Straits Times … Read the original article here
Another European hyperloop start-up goes bankrupt – rollingstockworld.com
Another European hyperloop start-up goes bankrupt rollingstockworld.com Read the original article here
Youth bankruptcies a wake-up call, says MCA Youth – Focus Malaysia
Youth bankruptcies a wake-up call, says MCA Youth Focus Malaysia Read the original article here
British supermarket chain on brink of collapse as 300 stores at risk of closure
A major British supermarket chain has warned it could collapse, putting hundreds of stores and thousands of jobs at risk. The business is now scrambling to secure a merger deal as it faces the threat of going bust. Southern Co-op has warned members it faces collapse into administration following three consecutive years of financial losses.…
IBC Appeal Against AG Pipes Rejected: NCLAT Finds Proprietorship Debts Separate, Company Liability Below ₹1 Crore [Read Order]
In a recent ruling, the National Company Law Appellate Tribunal (NCLAT) has upheld the NCLT’s decision dismissing the insolvency plea against A.G. Pipes Pvt. Ltd., holding that the claimed operational debt did not meet the ₹1 crore threshold under the Insolvencyand Bankruptcy Code (IBC). The appellant, Bhushan Power & Steel Limited, had approached the tribunal…
Insolvency Service announces partnership to crack down on rogue directors
The Insolvency Service has announced a partnership with Crimestoppers in an attempt to crack down on rogue directors. The partnership aims to boost tip-offs about banned directors still operating in the shadows The Insolvency Service disqualifies more than 1,000 directors every year for misconduct, including failing to pay tax and using company funds for personal…